Option Care Health Inc (OPCH)

Gross profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Gross profit	US$ in thousands	1,012,990	981,223	866,918	779,606	682,264
Revenue	US$ in thousands	4,998,200	4,302,320	3,944,740	3,438,640	3,032,610
Gross profit margin		20.27%	22.81%	21.98%	22.67%	22.50%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $1,012,990K ÷ $4,998,200K
= 20.27%

The gross profit margin of Option Care Health Inc has shown some fluctuations over the past five years. In December 2020, the gross profit margin stood at 22.50%, which increased slightly to 22.67% by December 2021. However, in December 2022, there was a slight dip in the margin to 21.98%. The following year, December 2023 saw an improvement as the gross profit margin rose to 22.81%. Nonetheless, there was a notable decrease in December 2024, with the margin dropping to 20.27%.

Overall, while there have been variations in the gross profit margin of Option Care Health Inc over the years, it is important for the company to closely monitor and manage its cost of goods sold in order to sustain healthy profit margins and optimize operational efficiency.